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Friday, May 20, 2022

Breitbart Business Digest: Recession Fears Climb and Musk Has a Plan for Twitter

Win McNamee/AFP/Getty, Richard Drew/AP Photo Will the April showers give way to May flowers? April is historically the best month of the year for the S&P 500. Stephen Suttmeier of Bank of America recently ran the numbers and found that the broad index rose 66 percent of the time on an average return of 1.41 percent…

‘Pinocchio’ Star Cate Blanchett: Elon Musk Twitter Takeover Is ‘Very, Very Dangerous’

Cate Blanchett is the latest left-wing Hollywood star to sound the alarm on Elon Musk’s acquisition of Twitter, calling the billionaire free-speech advocate’s ownership of the social media platform “very, very dangerous.” The two-time Oscar-winning actress — who’s set to appear in the Netflix-produced animated film Pinocchio — issued her ominous prognostication prior to receiving a…

Reports: Netflix Employee Morale Plummets as Stock Sinks and Subscribers Flee

Netflix is experiencing a crisis in employee morale following the steamer’s report last week that it lost 200,000 subscribers during the first quarter and expects to lose a stunning 2 million more in the months ahead. The gloomy financial outlook has sent Netflix shares in a downward spiral, further alienating employees who receive compensation in…

Media Research Center: Big Tech Has Censored Biden Criticism More Than 600 Times

Data released by media bias watchdog Media Research Center (MRC) has found that Big Tech companies including Twitter and Facebook have censored criticism of Joe Biden 646 times from the start of the 2020 presidential election cycle to today. The data was gathered through MRC’s CensorTrack database, which tracks censorship of prominent political voices by…

Elon Musk Explores Tender Offer for Twitter

Tesla and SpaceX CEO Elon Musk is reportedly exploring a tender offer for Twitter, and has secured financing for the deal including $25.5 billion in loans from major banks. However, analysts warn that the Twitter board’s “poison pill” defense may still prevent a takeover. A tender offer is an open offer to the shareholders of…

Barack Obama Embraces ‘New Role’: Promoting Censorship

Former President Barack Obama will deliver a speech at Stanford University on Thursday that embraces his “new role” of policing the national debate over whether social media companies should censor political opponents. Obama “is expected to add his voice to demands for rules to rein in the flood of lies polluting public discourse,” the New…

Tesla Thanks China for Letting Shanghai Factory Reopen with Live-In Workers

Tesla, the electric car company owned by billionaire Elon Musk, on Monday announced its “Shanghai Gigafactory” would reopen after three weeks of Shanghai’s harsh coronavirus lockdown. An aerial view of Tesla Shanghai Gigafactory on March 29, 2021, in Shanghai, China. (Xiaolu Chu/Getty Images) Tesla thanked the Chinese Communist government for allowing its factory to reopen…

Exclusive — Rep. Sabatini: Left Having ‘Absolute Mental Breakdown’ Over Free Speech Being Allowed...

Following Tesla CEO Elon Musk’s recent offer to purchase social media giant Twitter in order to restore free speech across the platform, U.S. congressional candidate and state Rep. Anthony Sabatini (R-FL) accused the left of only supporting free speech “they agree with” while “freaking out” over the possibility of free speech on the right, claiming…

Elon Musk Jabs Back With Two Questions After Saudi Prince Rejects Twitter Offer

Tesla CEO Elon Musk ironically asked Saudi Prince Alwaleed bin Talal Al Saud Thursday about his thoughts on free speech after he said he rejected Musk’s offer to buy Twitter.“I don’t believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects,” the prince tweeted. “Being one…

Oregon Teacher and Track & Field Coach Arrested on Sexual Abuse, Incest Charges

Oregon substitute teacher Sean Kenneth Fuller was arrested on sexual abuse and incest charges last week. Fuller worked as a substitute teacher and track and field coach at Talent Middle School in the Phoenix Talent School District in southern Oregon. The Jackson County Sheriff’s Office (JCSO) said Fuller has been indicted on five sex crimes —…
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